Nvidia Stock Price Outlook: 62% Upside to $6T Market Cap, Loop Capital Says
Nvidia shares hit a record high on Wednesday, closing at $154.31 and lifting the chipmaker’s market value to $3.77 trillion. The move allowed the AI titan to reclaim the title of the world’s most valuable company — but one firm thinks the rally isn’t even close to being over.
The stock extended its record high on Thursday, rising about 1% to $155.
The latest jump to record highs marks an impressive comeback for Nvidia after struggling against headwinds like the reveal of China’s DeepSeek AI and the impact of tariffs earlier in the year.
But the party is just getting started, according to one analyst.
Ananda Baruah of Loop Capital raised his Nvidia price target to $250, a bold move even among AI bulls. It’s…
